9,015 Shares in JPMorgan Equity Premium Income ETF $JEPI Purchased by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC acquired a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 9,015 shares of the company’s stock, valued at approximately $507,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Legacy Private Trust Co. purchased a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter worth $2,602,000. Private Client Services LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $3,694,000. Community Financial Services Group LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter worth $6,319,000. Studio Investment Management LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 194.0% in the 2nd quarter. Studio Investment Management LLC now owns 54,050 shares of the company’s stock valued at $3,053,000 after purchasing an additional 35,668 shares during the last quarter. Finally, Nottingham Advisors Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 21.6% during the 1st quarter. Nottingham Advisors Inc. now owns 816,880 shares of the company’s stock worth $46,301,000 after acquiring an additional 144,966 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.4%

JEPI traded up $0.24 on Tuesday, reaching $57.30. The company had a trading volume of 2,034,268 shares, compared to its average volume of 5,116,370. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The stock has a 50-day moving average price of $57.02 and a 200-day moving average price of $56.75. The stock has a market capitalization of $45.95 billion, a PE ratio of 23.93 and a beta of 0.53.

JPMorgan Equity Premium Income ETF Company Profile

The JPMorgan Equity Premium Income ETF (JEPI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed fund that invests in large-cap US stocks and equity-linked notes (ELNs). It seeks to provide similar returns as the S&P 500 Index with lower volatility and monthly income. JEPI was launched on May 20, 2020 and is managed by JPMorgan.